L
Liam
Guest
I am trying to sort out the agreed value part of my insurance policy but my
new insurance company do not agree with my valuation.
The companies I've used before have agreed (more or less) straight away
after sending them photos and details of the restoration and modifications
done to it. I value my Series 3 V8 at approx. £4000 although I know its cost
me a lot more than that to build and would cost me about the same if I built
another one the same today.
My insurance company value it at £2500 the only reference they give for
there valuation is one for sale advert in a classic car magazine.
After my Land Rover was involved in a crash a couple of years ago the
engineer who assessed the damage to it agreed the value of £4000 in fact he
thought it could be worth a bit more. They settled the claim by giving me my
Land Rover back and £2500 to repair it. I repaired it to a better condition
than it was before the crash.
My insurance company now want an independent valuation of my Land Rover if I
want to change the agreed value. Does anyone know who I can get to do this
and what will it cost me?
Regards
Liam
new insurance company do not agree with my valuation.
The companies I've used before have agreed (more or less) straight away
after sending them photos and details of the restoration and modifications
done to it. I value my Series 3 V8 at approx. £4000 although I know its cost
me a lot more than that to build and would cost me about the same if I built
another one the same today.
My insurance company value it at £2500 the only reference they give for
there valuation is one for sale advert in a classic car magazine.
After my Land Rover was involved in a crash a couple of years ago the
engineer who assessed the damage to it agreed the value of £4000 in fact he
thought it could be worth a bit more. They settled the claim by giving me my
Land Rover back and £2500 to repair it. I repaired it to a better condition
than it was before the crash.
My insurance company now want an independent valuation of my Land Rover if I
want to change the agreed value. Does anyone know who I can get to do this
and what will it cost me?
Regards
Liam